Welcome to our dedicated page for Ynvisible Intera news (Ticker: YNVYF), a resource for investors and traders seeking the latest updates and insights on Ynvisible Intera stock.
Ynvisible Interactive Inc. develops ultra-low-power printed e-paper display technology for product applications that use flexible electronics and roll-to-roll manufacturing. News about YNVYF commonly covers commercialization of printed e-paper displays, customer and regional partnerships, medical and healthcare applications, automotive development work, smart-label programs, industrial monitoring, logistics, IoT and digital signage use cases.
Company updates also include manufacturing capacity, technology-transfer relationships, trade-show demonstrations, board changes and financing activity such as private placements. The recurring news themes center on Ynvisible's transition from technology development toward commercial orders and scalable production for printed electronics markets.
Ynvisible Interactive Inc. (OTCQB: YNVYF) has entered a non-binding Technology Partnership and Supply Agreement with PragmatIC Semiconductor for 3 years. The agreement, valued at 2 Million U.S. dollars, focuses on integrated flexible display modules for the Internet of Things. This collaboration aims to combine Ynvisible's electrochromic technology with PragmatIC's flexible integrated circuits to enhance product offerings in sectors like smart packaging and healthcare, enabling sustainable, low-power displays.
Ynvisible Interactive Inc. (YNVYF) has announced the start of commercial production of electrochromic displays for Circuit Scribe's STEM learning kits. Set to launch for Holiday 2021 in the US, Canada, and the UK, this partnership aims to enhance educational tools through innovative technology. The STEM toys market is projected to grow by USD 964.09 million from 2021 to 2025, with an anticipated CAGR of 4.65%. Ynvisible's new Designer displays will allow customers to explore diverse color options, supporting creativity and innovation in educational products.
Ynvisible Interactive Inc. (TSX-V: YNV, OTCQB: YNVYF) will host a virtual investor webinar on September 16, 2021, at 10:30 a.m. PT / 1:30 p.m. ET to discuss its second-quarter 2021 financial results and corporate strategies. The event will follow the filing of its MD&A on August 30, 2021. CEO Michael Robinson will address attendees and a Q&A session will follow. The webinar aims to provide insights into Ynvisible’s growth in the printed and flexible electronics sector, a key player in the IoT landscape.
Ynvisible Interactive Inc. has filed its condensed consolidated interim financial statements and MD&A for Q2 2021. These documents are available on SEDAR and Ynvisible's Investor Center. In addition, the company granted 250,000 incentive stock options to a director at an exercise price of $0.55 per share, vesting over one year. Ynvisible aims to lead in printed and flexible electronics, providing low-power display solutions for IoT applications, leveraging its expertise in electrochromic materials and interactive printed graphics.
Ynvisible Interactive Inc. (OTCQB: YNVYF) announced an exclusive North American distribution agreement with Display Logic to supply its advanced electrochromic displays (ECD) in the U.S. and Canada. This partnership will enable access to thin, flexible, ultra-low power display technology that integrates easily with sensors and various applications like logistics, medical, and entertainment. The agreement is expected to expand Ynvisible's customer base significantly and support innovation in the Internet of Things market.
Ynvisible Interactive Inc. (TSX-V:YNV, FSE:1XNA, OTCQB:YNVYF) has expanded its sales team to enhance income and align with its 2025 Vision for growth. Richard Ellinger, a seasoned sales executive, joins as the US Sales representative, aiming to strengthen the company's presence in North America and cater to Fortune 500 clients. Additionally, Keith Morton, founder of Display Logic, joins the Advisory Board, bringing valuable insights and expertise. The company has issued 2,465,000 stock options at an exercise price of $0.75, set to expire by July 1, 2026.
Ynvisible Interactive Inc. has appointed Alex Langer as an independent board member, effective June 3, 2021. This change follows the stepping down of current board member Duarte Mineiro, resulting in a board of six directors, four being independent. Ramin Heydarpour, Chairman of the Board, praised Langer's experience in equity financing. Langer has over 18 years in public markets, previously working with notable companies like Canaccord Genuity and acting as CEO of Sierra Madre Gold and Silver. Ynvisible aims to lead in printed and flexible electronics for IoT applications.
Ynvisible Interactive has successfully closed a Cdn$12 million private placement, issuing approximately 20 million common shares and warrants. Each warrant allows the purchase of a common share at Cdn$0.76 before May 18, 2024. This funding will support Ynvisible's 2023 Transformation & Growth Strategy, targeting the rapid development of value-added Internet of Things (IoT) solutions. The financing was facilitated by A.G.P./Alliance Global Partners, engaging U.S.-based institutional investors.
Ynvisible Interactive Inc. has announced a securities purchase agreement for a private placement aimed at raising approximately Cdn$12 million. The Company plans to issue up to 19,992,003 common shares and warrants at a price of Cdn$0.61 per share. Each warrant allows the purchase of one common share at Cdn$0.76, exercisable within three years. The funds will support working capital and general corporate purposes. The private placement is expected to close around May 18, 2021, subject to regulatory approvals. No shares will be sold to Canadian residents.
Ynvisible Interactive Inc. (YNVYF) provided a corporate update with financial forecasts for Q4 2020. The company anticipates Q4 sales of $142,374 and a cost of sales of $85,184, up from Q3 figures of $108,442 and $90,750. Operating expenses are expected to rise to $1,400,000 in Q4 compared to $1,125,119 in Q3. Ynvisible's cumulative revenue for 2020 is projected at $1,236,000. The company is also forming a partnership with ALMAX for cold chain solutions, which will leverage Ynvisible’s display technology.